COVENANTS OF THE LEASE INDENTURE TRUSTEE Sample Clauses

COVENANTS OF THE LEASE INDENTURE TRUSTEE. The Lease Indenture Trustee will not directly or indirectly create, incur, assume or suffer to exist any Indenture Trustee's Lien attributable to it and arising out of events or conditions not related to its rights in the Indenture Estate or the administration thereof, and will promptly notify the Owner Participant, the Lessor Manager and PPL Montana of the imposition of any such Lien of which it has Actual Knowledge and shall promptly, at its own expense, take such action as may be necessary to duly discharge such Indenture Trustee's Lien.
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COVENANTS OF THE LEASE INDENTURE TRUSTEE. 43 SECTION 11. PPL MONTANA'S INDEMNIFICATIONS................................................................ 44 Section 11.1. General Indemnity................................................................. 44 Section 11.2. General Tax Indemnity............................................................. 49 -ii- 4 TABLE OF CONTENTS (continued) PAGE SECTION 12. PPL MONTANA'S RIGHT OF QUIET ENJOYMENT........................................................ 58 SECTION 13. SUPPLEMENTAL FINANCING OF MODIFICATIONS; OPTIONAL REFINANCINGS................................ 58
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COVENANTS OF THE LEASE INDENTURE TRUSTEE. (a) Neither the Lease Indenture Company nor the Lease Indenture Trustee will directly or indirectly create, incur, assume or suffer to exist any such Indenture Trustee's Lien attributable to it and arising out of events or conditions not related to its rights in such Indenture Estate or the administration thereof, and will promptly notify the Owner Participant, the Lessor Manager and the Facility Lessee of the imposition of any such Lien of which it has Actual Knowledge and shall promptly, at its own expense, take such action as may be necessary to duly discharge the Indenture Trustee's Lien.
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COVENANTS OF THE LEASE INDENTURE TRUSTEE 
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Related to COVENANTS OF THE LEASE INDENTURE TRUSTEE

  • Covenants of the Trust Depositor In the event that any litigation with claims in excess of $1,000,000 to which the Trust Depositor is a party which shall be reasonably likely to result in a material judgment against the Trust Depositor that the Trust Depositor will not be able to satisfy shall be commenced, during the period beginning immediately following the commencement of such litigation and continuing until such litigation is dismissed or otherwise terminated (and, if such litigation has resulted in a final judgment against the Trust Depositor, such judgment has been satisfied), the Trust Depositor shall not pay any dividend to the Servicer, or make any distribution on or in respect of its capital stock to the Servicer, or repay the principal amount of any indebtedness of the Trust Depositor held by the Servicer, unless after giving effect to such payment, distribution or repayment, the Trust Depositor’s liquid assets shall not be less than the amount of actual damages claimed in such litigation.

  • Covenants of the Trust The Trust covenants and agrees to the following:

  • Negative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Covenants of the Depositor The Depositor covenants and agrees with the Underwriters that:

  • Affirmative Covenants of the Servicer From the Closing Date until the Collection Date:

  • Covenants of the Transferor The Transferor hereby covenants that:

  • Covenants of the Master Servicer The Master Servicer hereby covenants to the Depositor and the Trustee as follows:

  • Agreements and Covenants of Trustee The Trustee hereby agrees and covenants to:

  • Covenants of the Servicer At all times from the Closing Date until the Final Payout Date:

  • Covenants of the Certificateholders Each Certificateholder agrees:

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